secwatch.observer — SEC 8-K summary
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Issuer:     BJ's Wholesale Club Holdings, Inc. (BJ)
CIK:        0001531152
Form:       8-K
Filed at:   2024-11-21T23:59:59+00:00
Accession:  0001531152-24-000157
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

BJ's Q3 EPS $1.17 (+20.6% YoY); raises FY24 adj EPS guidance to $3.90-$4.00; announces membership fee hike
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- Net sales $4,984M (+3.4% YoY); membership fee income $115M (+8.4%); comp sales ex-gas up 3.8%.
- Diluted EPS $1.17 vs $0.97; adjusted EPS $1.18 vs $1.00; both beat prior year.
- Raises FY24 comp ex-gas guidance to 2.3-2.4% from high-end of 1-2%; FY24 adj EPS guidance $3.90-$4.00 (prev low-end of $3.75-$4.00).
- Membership fee increase effective Jan 1, 2025: Club to $60/yr, Club+ to $120/yr (first hike in 7 years).
- Board approves new $1B share repurchase program expiring Jan 2029; Q3 bought $58.2M in shares.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1531152/000153115224000157/0001531152-24-000157-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1531152/000153115224000157/bj-20241121.htm
  HTML page:      https://secwatch.observer/filing/0001531152-24-000157

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer